Breaking News: Bitcoin Surges Past $90,000 Amid Reports of Trump's Favoritism

In a surprising turn of events, Bitcoin (BTC) has skyrocketed past the $90,000 mark following speculations of its favorable treatment in President Donald Trump's proposed US crypto reserve strategy.

As excitement mounts ahead of the White House Crypto Summit, featuring industry leaders, including top digital asset executives, the attention has shifted to Trump's Bitcoin Reserve Plan.

According to Commerce Secretary Howard Lutnick, the strategic cryptocurrency reserve will take center stage during Friday's White House Crypto Summit. Lutnick hinted at President Trump's belief in a Bitcoin strategic reserve and teased the imminent announcement of a unique model that separates Bitcoin from other cryptocurrencies.

"Bitcoin is set apart from other crypto tokens in our plans and will be treated accordingly, but positively," Lutnick shared.

This announcement has propelled Bitcoin's price, reclaiming the $90,000 milestone and trading at $90,097. The surge of over 7% since Wednesday further solidifies Bitcoin's dominance and potential privileged status.

Amidst this bullish sentiment, debates have erupted regarding the preferential treatment of Bitcoin over alternative cryptocurrencies within the US reserve. Critics argue that such biases could lead to market distortions, while supporters predict a potential altseason on the horizon.

As the industry eagerly awaits Trump's official stance on the crypto reserve strategy, one thing is clear - Bitcoin's rise has historically paved the way for altcoin surges, promising an exciting future for crypto enthusiasts worldwide.